2020-12-24 20:26 |
Meanwhile, Bitcoin still has a fixed cap of 21 million — pristine scarcity. The post B Worth of New Gold Reserve Found in Turkey; “Bitcoin Fixes This with Absolute Scarcity” first appeared on BitcoinExchangeGuide. origin »
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It is common for people to reflect on every facet of their lives once they recognize the absolute, verifiable digital scarcity created by Bitcoin.
2022-11-3 10:00 | |
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Minerd based his analysis on bitcoin's scarcity and relative value to gold.
2020-12-17 23:19 | |
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The digital asset industry is 2 weeks into the final quarter of the year, and the bullish bells are starting to ring for Bitcoin. After a rather disappointing start to October, the largest digital assThe post The truth about Bitcoin’s rising impact of its scarcity appeared first on AMBCrypto.
2020-10-15 22:30 | |
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Data shows that nearly 10% of Bitcoin’s total circulating supply is dormant, meaning that it has not been touched for over 10 years This data boosts the narrative regarding Bitcoin’s scarcity, as its actual supply may be far lower than previously thought The heightened scarcity this provides Bitcoin also bolsters the cryptocurrency’s macro outlook, as economic models that rely on the crypto’s scarcity suggest that it will soon see some significant upside Bitcoin’s fixed scarcity […]
2020-5-26 21:00 | |
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May’s halving will reduce the amount of Bitcoin rewarded to miners, and in turn, increase the coin’s scarcity. Considering this scarcity – think supply and demand – as well as historical data of the previous two halvings, Bitcoin’s price may see a remarkable bump in the months following the event.
2020-1-30 21:00 | |
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Scarcity and utility are twin engines of the potential for mass adoption of Bitcoin. But one is outstripping the other, and potentially interfering with its growth. As we approach bitcoin’s third block reward halving – an event that typically causes a run-up in BTC prices in anticipation of half as many Bitcoin being created every […] The post Bitcoin Reward Halving Takes Care Of Scarcity, But What About Utility? appeared first on Crypto Briefing.
2019-10-30 21:41 | |
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In the fifth installment of Giacomo Zucco’s “Discovering Bitcoin” series, he explores concepts of scarcity in the “virtual” world, energy consumption and digital “hardness.” The post Discovering Bitcoin Part 5: Digital Scarcity appeared first on Bitcoin Magazine.
2019-9-21 16:00 | |
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The aspect of scarcity is fundamental to the Bitcoin community, with its limited availability often seen as a virtue in a world where governments have unlimited power to print fiat currencies. With the value of Bitcoin increasing day by day, the virtual asset is getting close to its saturation point.
2019-6-17 20:00 | |
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Bitcoin Will Always Be A Valuable Digital Asset, Says Experts Satoshi Nakamoto, the pseudonymous creator of Bitcoin, the world's flagship crypto fancied centralized financial institutions like Wall Street, as well as the Incumbent government and the mysterious genius never made it a secret.
2019-4-17 21:54 | |
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The price of bitcoin may reach $55,000 USD sometime in 2020 or 2021, according to a new Bitcoin price prediction model — which factors in the decreasing bitcoin supply as a direct driver of market value.
2019-3-26 19:00 | |
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Bitcoin (BTC) earned its digital gold comparison due to a number of factors, but none more-so than its pre-programmed scarcity. There can only ever be a fixed supply of 21,000,000 BTC, as was designed by Satoshi Nakamoto in order to give Bitcoin its deflationary aspect.
2019-1-11 00:00 | |
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Just in time for the holidays, a U. K. startup is launching a line of crypto-themed toysConcerned about the absence of provenance and authenticity for designer toys, CryptoKaiju has launched a set of uniquely collectible toys that are traceable on the blockchain.
2018-11-28 20:25 | |
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As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.
2018-11-1 23:35 | |
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The Securities and Markets Stakeholder Group (SMSG) has released a new report suggesting that the European Securities and Markets Authority (ESMA) recommend to the European Commission that it regulate the cryptocurrency space with existing legislation rather than instilling new rules and laws.
2018-10-23 00:41 | |
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As the supply of Bitcoin is fixed, only 1 percent of the world’s population can have more than 0.28 BTC. In the upcoming years, this scarcity will increase. The post Scarcity of Bitcoin Will Increase Further Reducing the Number of BTC Owners appeared first on CoinSpeaker.
2018-10-4 09:20 | |
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Leading companies in the gaming and blockchain space have come together to form the Blockchain Game Alliance, a coalition that will advocate for blockchain development within the gaming industry.
2018-9-28 01:05 | |
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Should We Be Concerned About the Financialization of Bitcoin? Bitcoin is becoming increasingly financialized. Some people are worried, but a new report suggests that we shouldn’t worry about the financialization of the world’s largest cryptocurrency.
2018-8-20 13:35 | |
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Bitcoin has been through many rises and falls during its short lifetime so far, and the scarcity of its tokens has caused it to generate an impressive price right now. However, tech genius John McAfee is wondering how far it will sore by the time that the last Bitcoin is mined and sold. There are […]
2018-8-8 11:04 | |
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The recently published book “The Bitcoin Standard” by economist Saifedean Ammous makes the case that bitcoin is rooted in the principles of Austrian economics. This view is shared by many bitcoin maximalists who prescribe to this economic school of thought.
2018-7-27 21:00 | |
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As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.
2018-7-13 17:16 | |
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Can only a law professor teach about smart contracts? Universities have faced several challenges with adding crypto classes to their curriculum such as a scarcity of knowledgeable lecturers and an ecosystem that develops much faster than they can reprint books.
2018-6-20 22:37 | |
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The Israeli high-tech sector is at present experiencing a brutal talent scarcity, with companies having to fight over employees with superior salaries, stock options and better perks. One such company thought of a new way to draw and preserve tech-savvy staff in this difficult situation and atmosphere- ‘offer to pay salaries in bitcoin’. The offer, […]
2018-6-17 01:38 | |
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Ray Dalio, the founder of the world's largest hedge fund, Bridgewater Associates, with more than $220 billion in Assets Under Management (AUM), yet again spoke in favor of having Bitcoin in an investment portfolio.
Millennial-oriented Insurance provider Lemonade unveiled in its filing with the Securities and Exchange Commission (SEC) that it purchased $1 million worth of Bitcoin in June 2021. In June, Bitcoin price traded between $30k and $40k.
While “there's a lot of fascination” for BTC to be worth $100k or $25k to PayPal CEO, it’s programmable money, NFTs, and DeFi that’s “really interesting.” The post Bitcoin A Smart Hedge For Investors, says Chairman of 0 Billion Starwood Capital Group first appeared on BitcoinExchangeGuide.
MicroStrategy has purchased another batch of Bitcoin. This time the business intelligence company which first started buying Bitcoin in August 2020 added 7,002 BTC to its stash. MicroStrategy’s latest purchase cost them $414.
Much like the crypto community, the billionaire investor said he would rather own Bitcoin itself than the futures-tied ETF but said investors should “take great comfort” that it’s approved by the SEC.
Blockchain data analytics platform Chainalysis announced this week that it now holds Bitcoin on its balance sheet. On Tuesday, Chainalysis said Bitcoin technology and financial services firm NYDIG played a critical role in enabling the company to buy and custody Bitcoin.
How can a good store of value (SoV) also be a good medium of exchange (MoE) and unit of account (UoA)? Seems too perfect, right? With Bitcoin expected to rise in value forever, wouldn't it be prohibitive to use Bitcoin for paying for things? This perspective comes from measuring Bitcoin's value in an inferior, depreciating […] The post Beyond Store of Value – How Can Bitcoin Be A Viable Medium of Exchange and Unit of Account? first appeared on BitcoinExchangeGuide.